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20121205
20121213
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KGO (ABC) 14
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English 14
Search Results 0 to 13 of about 14 (some duplicates have been removed)
ABC
Dec 11, 2012 1:40am PST
. if the nation heads over the fiscal cliff. >> consumer spending will go down. that means you've got less customers. businesses get fewer profits. they hire fewer workers. you go on a downward spiral. >> reporter: the president met with house speaker john boehner at the white house. their face-to-face meeting in three weeks. neither side would offer any details from the discussion, which may be a good sign of modest progress. but a spokesman for the republican leader said boehner did not back down. his offer to the white house last week is still the gop's position in the fiscal cliff talks. that plan offers a total of $2.2 trillion in deficit reduction over the next decade, including $800 billion in new tax revenue, but no increases on the top 2% of taxpayers. that's where the stalemate seems to be centered. president obama insists taxes on the wealthy must go up. >> but when they start making a million or 10 million or 20 million, you can afford to pay a little more. >> reporter: several republicans indicated that's a concession they're willing to make. >> will i accept a tax increase as
ABC
Dec 11, 2012 4:00am PST
people on the planet. >>> as for more immediate concerns, the fiscal cliff is one day closer, with a stalemate over heading off huge tax increases and deep spending cuts at the start of the new year. president obama and house speaker john boehner are keeping tight-lipped about those talks. in michigan on monday, the president warned going over the fiscal cliff will cost jobs and send the country in a downward spiral. >>> colorado is now the second state after washington in which marijuana is now legal. that became the law yesterday, when the governor put a voter-approved amendment into the state's constitution. the implementation of the law will be worked out by a special task force. in a statement, the u.s. attorney noted that pot remains illegal, though, under federal law. >>> well, family and friends are remembering that navy s.e.a.l. who gave his life to rescue an american doctor in afghanistan. abc's senior foreign affairs correspondent martha raddatz has more on the life of this fallen warrior. >> reporter: nicolas checque was just 28 years old. but for much of the last
ABC
Dec 9, 2012 6:00pm PST
boehner met today to discuss the impending fiscal cliff. they're trying to find a deficit cutting deal to stop a combination of tax increases and spending cut to kick in. some government agencies are making contingency plans. here's that part of the story. >> preparing for the holidays is a reminder of something else just around the kosher, a -- corner, fiscal cliff deadline that is permanent here. >> i can't imagine funding being cut. it would be tragic. >> she is worried mandatory budget cuts would hurt food safety inspection. >> he was in the hospital for three weeks. >> she and her babies got poisoning from meat she ate while pregnancy. the cdc says contaminated food sickens 38,000 people a year, 3,000 people die. so the fda are charged with protecting the food supply. an 8.2% budget cut translates to a combined $157 million. >> there's no word exactly what cuts would mean to inspector staffing. >> both the fda and usda-already stretched thin when it comes to inspection activities. they need increased resources, not fewer resources. >> agencies all say they're stretched. >> he is w
ABC
Dec 8, 2012 4:00am PST
. >> thank you, dan. >>> this morning marks 24 days before the country goes over the fiscal cliff, where everyone's taxes automatically go up. and deep spending cuts kick in. president obama is taking aim at republicans, accusing them of blocking a bill that would prevent tax rates to go up for the middle class. fiscal cliff negotiations are now in the hands of just two people. president obama and house speaker john boehner. abc's david kerley joins us live with the latest. david, we have a positive jobs report. better than expected. consumer confidence floated. >> reporter: they're using the jobs report right now, the obama administration. a little more fuel. and we are talking about two men now. it comes down to these two guys and a lot of jobs on the line. possible hiring freezes, furloughs if we go over the cliff. now, working for the cuts they will make if we do actually go over the cliff. a diner, middle-class taxpayers and the vice president, telling republicans a deal to extend tax cuts for all but the wealthy is easy. >> the president would probably have me sprint up to the hill
ABC
Dec 12, 2012 4:00am PST
worried about the fiscal cliff. a walmart survey says customers know about the impending tax increases and spending cuts. and some are cutting back on their spending for the holidays. most retailers depend on this month's sales for their success. and poor results could be disastrous for them. >>> and bank of america customers aren't happy, either. the nation's second-largest bank had its lowest satisfaction score in 11 years. the worst for any major bank, in fact. it's the only one with a grade lower than before the recession. at the other end of the spectrum, though, is jpmorgan chase, whose satisfaction score was up 6%. >>> and 2012 was on track for a record gun sales ahead of last year. the fbi has run 350,000 more of its instant background checks than in all of last year. abc news expects almost 2 million more gun checks just this month. >>> and call it easy bake backlash. a new jersey girl's campaign to make the toy more gender-neutral appears successful. 13-year-old mckenna pope says the easy bake oven should be made in colors other than pink and purple, to appeal to boys like he
ABC
Dec 10, 2012 5:00pm PST
that fiscal cliff, california has an awful lot to loose. more than other states, in fact. >> washington is sounding like sacramento these days waiting until the last minute to reach a deal, a trigger cuts if one isn't reached. as washington waits to come up with a deficit reduction, it's becoming clear california has a lot at stake if the fiscal cliff isn't averted. the state could lose $4.5 billion in federal funds. the legislative analyst office estimates the budget may shrink by $11 billion over two years. >> people think the economy would be drawn into recession. just like any recession that would affect state economy, revenues and result in billions of less tax revenue for the state.@sh >> southern california could be hit hard. a loss of 135,000 jobs last year. another recession is the last thing they want. they're urnling leaders to come to an agreement. >> if it continues to slow as much as it is now, it's fine, if at all. >> because voter as prove td prop 30,i sales tax will go up one quarter of a percent. high wage earners will are to pay more. if the bush tax cuts are loued t
ABC
Dec 12, 2012 4:00pm PST
for spending cuts and tax revenues to avoid the so called fiscal cliff. time is running out now for both parties to reach a compromise. we have the latest. >> the deadline to avoid the fiscal cliff is december 316789 lawmakers have less time if they want get something together that congress can pass and the president can sign. >> the longer the white house road blocks this discussion, closer our economy gets to the fiscal cliff. >> in an interview, the president was optimistic a deal can be reached. >> i'm confident republicans would not hold middle class taxes hostage to try to protect tax cuts for high income individuals. >> monday night, white house sent speaker boehner on offer including $1.2 trillion in new revenue. yesterday, boehner sent a counter proposal back but looked almost exactly like their original plan. $800 in new revenue continues to be the sticking point. tax rates on the top earners. republicans insist the white house gives them specifics on the cuts the president is willing to make. yesterday spokesman brought out a copy of the budget, evidence they've done that alre
ABC
Dec 10, 2012 6:00pm PST
in the back and forth over the fiscal cliff. i called several today who said they'd just as soon not go public and they're reorganizing after what they'd call a disappointing election. >> there is a settlement in the lawsuit file bid a new york city hotel housekeeper against the former head of the international monetary fund. she accused dominic strauss-kahn of sexual assaulting her inside of his suite. she was seeking unspecified damages. he claims the sex was consensual. terms were not announced. >> i think all over the world, i say that i can't work. ask god bless you all. thank you very much. >> a jury indicted strauss-kahn but. >> a plan to motivate girls around the world enroll in school was launched by the united states and -- united nations and pakistan named by a 15-year-old shot by the taliban.z>o another fund recreated with the help of silicon valley its right. my favorite quote is education is our basic right. those words have inspired a lot of people to help educate girls around the world. there are two funds, like you said, set up to help achieve that goal. a private fund has roo
ABC
Dec 4, 2012 6:00pm PST
will, thank you very much. >> we're now four weeks from that so called fiscal cliff and talks between democrats and republicans in washington have stalled. january 1 bush era tax cuts cuts affecting defense and social spending. house republicans offered a plan including $800 billion in revenue. the president says it's not good enough. >> we're going to have to see the rates on the top 2% go up z we're not going to be able to get a deal without it. it's not:hlj partisan. >> the plan is also not popular with some republicans. opular with some republicans. conceding that the federal government needs more money negotiating with ourselves and treating the proposal like it's serious. >> there is one area that may have found common ground. raising the age when seniors can receive some medicare. >> an eight day strike by shippingl2?sq)ks. both sides agreed to mediation. lines being7kuñ honored by 10,0 long shore men. the strike against 14 shipping lines is costing the u.s. economy $1 bi=es; a day in lost trade. the union jobs claims jobs being shipped overseas. the port says it's offering
ABC
Dec 9, 2012 5:00am PST
. >>> the stalemate over the fiscal cliff-hanger is the topic this morning on abc's" this week." they discuss another week of talks but failed to reach a compromise in tax cuts. huge cuts and increases kick in the 1st of the year if they don't make a deal. don't nice at 8:00 this morning on abc7. right here right now is meteorologist lisa argen with a preview of the accuweather forecast. >> we do have a veil of some higher clouds out there. we are seeing less fog, as well. temperatures mainly in the 40s. we will talk about how much sun if we are going to see the warmup, how long it will last, that's straight ahead. >> and there's another ♪ [ female announcer ] nature exists on the grandest scale... ♪ ...and in the tiniest details. ♪ and sometimes both. nature valley granola thins pack the big taste of granola and dark chocolate into one perfect square, under 100 calories. nature valley granola thins. nature at its most delicious. >> welcome back, everyone. thanks for getting up early and watching the abc sunday morning news. here's a live look at the golden gate bridge. today on either side of
ABC
Dec 9, 2012 6:00am PST
the fiscal cliff-hanger is the topic this morning on abc's" "this week." they will discuss another week of talks that failed to reach a compromise in tax cuts. huge cuts and increases kick in the 1st of the year if they don't make a deal. don't nice at 8:00 this morning on abc7. >> my friend, meteorologist lisa argen, is here now talking about nice weather if you like it sunny and mild. >> we are seeing changes this morning, and those are point to go a warmer atmosphere. right now looking outside from our roof camera, the winds are light, but those winds will warm us up today. high pressure is building in. it's in the 50s at the coast, 30s in the valleys. i'll talk about how warm it is going to get and when we will see a return to winter. that's coming up. >> thank you, lisa. also ahead, dela salle puts yet another trophy in the high >> welcome back, everyone. this is live look from our sutro cam showing you the lights of the city. everything twinkling and sparkling, looking good. last time this week we were getting pounded by rain. nothing like that in the forecast for today. live dopp
ABC
Dec 6, 2012 5:00am PST
report. >>> dire warning about what would happen if the u.s. economy goes over the fiscal cliff. survey says 1 1/2 million americans could lose jobs if lawmakers fail to come to agreement automatic spending cuts and tax increases are triggered inside. nationwide insurance warning computer network hacked names, birth dates, social security and driver licenses numbers likely stolen nationwide is apologizing and offering identity theft profession for years. hostess may have a buyer for its wonder bread bran. even with the sale, it could take -- take months before the bread brand wraps up again. >>> estimated 300 million dollar magic kingdom make overincludes pagers so and serving beer and wine themó?5to past five years. >>> abc7 is owned by disney. >>> big change that could be coming to storm warnings because of superstorm san >> dispute forcing bay area -- >>> welcome back. check out last three hours on live doppler, quiet radar returns over the ocean is the beam shooting into the clouds nothing is talling but moist with mist hanging in the -- nothing is falling but moist with the mist
ABC
Dec 12, 2012 7:00am PST
's spending cuts? the longer the white house walks this process, the closer our economy gets to the fiscal cliff. >> reporter: and the president argues that he outlined spending cuts in his last budget proposal, more than $550 billion worth. they're still on the table. negotiations will continue later today. josh? >> as that cliff looms. jake tapper, thank you for that. >>> meanwhile, calling it a big step, president obama has announced the u.s. will recognize syria's main opposition group as the country's legitimate representative. it's the latest move to force dictator bashar al assad from power. >>> meanwhile, here at home, a natural gas explosion near charleston, west virginia, set off the fire you see here. it scorched a busy highway, destroyed at least four homes. several people were rushed to the hospital because of heavy smoke inhalation. but no one was seriously hurt. no word on why the 20-inch gas line exploded. >>> meanwhile, new claims this morning that fedex may have been overcharging its customers and doing it for years. internal e-mails recently made public for a lawsuit sho
Search Results 0 to 13 of about 14 (some duplicates have been removed)